Hi all,
I found a good family business in South East of France, and I have an equity gap.
Please, contact me if you want more details about the deal.
The range of the ticket size is between €200k and €360k.
Short company introduction:
- The sector is the installation and maintenance of professional kitchens
- Family business of 2 sites managed by 2 sisters in the PACA region.
- Diversified clients : +200 clients per site. 20% of recurring revenues from after-sales services, and +50% of recurring revenues of clients coming back within 3 years for new projects. The company is resilient as COVID hit the sector, and at that time, the company was still profitable.
- Nearly €12 million in turnover, 10% EBITDA margin, and no CAPEX -> high cash conversion (nearly equivalent to the EBITDA). Possibility to improve the EBITDA margin of 2% up to 3% thanks to cost-optimisation and better pricing.
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